Our journey to eNotes is finally complete – all we need is you! As of July 1, Federal Home Loan Bank of Des Moines is accepting residential mortgage eNotes (Electronic Promissory Notes) as collateral – saving you time and money.
Experience all eNotes has to offer. Below you will find ways to educate, explore and begin enrollment.
What is an eNote?
|WHAT AN eNOTE IS:
||WHAT AN eNOTE IS NOT:
|A promissory note executed and signed electronically and stored in an eVault.
||A scanned image of a wet-ink signature.
Reduced shipping and storage fees
Improved audit trail
Borrower can review loan documents prior to closing
Faster and easier signing process
|1-4 Family Residential First Mortgage Loan
|1-4 Family Residential First Mortgage Loan – Nontraditional Loan
|1-4 Family Residential First Mortgage Loan – Subprime Loan
|Government Insured – VA Home Loan
|Government Insured – FHA Home Loan
|1-4 Family Residential Home Equity Mortgage Loan
Requirements and Guidelines
Understand the requirements and specifications for ensuring eNotes meet the legal, technological and operational requirements necessary to electronically create valid, enforceable and transferable loan obligations or effectively service loans and comply with the FHLB Des Moines Collateral Procedures.
Review the Full eNotes Requirements and Guidelines
Helpful links for understanding requirements
View our eNotes educational resources to learn more.
Are you ready to take the next step?
We’re here to walk you through set-up and answer any questions you might have.
VIEW eNOTES READINESS CHECKLIST
CONTACT US TODAY!